Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 100

A round up of the latest daily currency updates from the Currency News desk.

Rumours Of More QE And AAA Debt Downgrade Send Pound Euro Exchange Rate (GBP EUR) Sharply Lower

6 Feb 2013 at 9 AM - Written by John Cameron

The hullaballoo of yesterday’s session brought extreme price action for several of the world’s leading currency pairs, as investors left behind any semblance of logic and traded on pure gut instinct. The Pound registered pronounced gains against the euro before the European session even got underway, sending the Sterling to Euro exchange...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

Pound Euro Exchange Rate (GBP EUR) Retraces Following Fears Over Spanish Debts

5 Feb 2013 at 9 AM - Written by Frank Davies

Yesterday’s session in the currency markets brought a joint press conference between under-fire Spanish Prime Minister Mariano Rajoy and German Chancellor Angela Merkel. Rajoy has faced calls for his resignation in recent weeks over allegations that members of his ruling party had received illicit payments into a ‘slush fund’. Merkel...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

Pound Euro Exchange Rate Slumps To New 15 Month Low Following Revised US Jobs Data

4 Feb 2013 at 9 AM - Written by Tim Boyer

Global shares soared and the Pound Sterling slumped as last week’s session drew to a close. It was clear what had caused the surge in global appetite for risk - positive US employment data, released at the start of the North American trading day on Friday, which sent the benchmark Dow Jones Industrial Average spiralling to its highest level...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro P Forecasts

Sterling Steadies Thanks To Comments From BoE?s Weale

1 Feb 2013 at 9 AM - Written by David Woodsmith

Today’s session brings the release of this month’s, and any month’s, most eagerly awaited data release. This afternoon’s Non-Farm Payroll release in the US will be particularly closely-watched following Wednesday’s highly disappointing US growth data for quarter 4. The key US jobs print is expected to show that some 155,000 new...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Sterling Drops To Near Term Lows Against Euro, Swiss Franc, SEK & NOK

29 Jan 2013 at 9 AM - Written by Ben Hughes

Yesterday’s session saw the Pound Sterling lose ground against almost all of the other sixteen most-actively traded global currencies, with the notable exception of the risk-sensitive South African Rand. The Pound sank to a new 13-month low against the euro, but also slumped to fresh near-term lows against other European currencies...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Norwegia Forecasts

Pound New Zealand Dollar Exchange Rate (GBP NZD) Could Fall On Tonight?s NZ Trade Data

28 Jan 2013 at 6 PM - Written by Tim Boyer

This afternoon’s major point of interest came in the US with the release of December Durable Goods Orders data which revealed that orders for goods expected to last for over three years increased by a massive 4.6% last month. The figure is always closely-watched as it is generally considered to be a reliable indicator of levels of...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Next BoE Governor Mark Carney Warns Of Repeat Of 2007 Credit Crisis

28 Jan 2013 at 9 AM - Written by David Woodsmith

After a tumultuous week, which culminated in a depressingly poor set of Q4 GDP data, the weekend market shut-down provided little in the way of respite for the Pound Sterling. Current Bank of Canada Governor Mark Carney, who will take over the head job at the Bank of England in the middle part of this year, used his key-note speech at the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP EUR Exchange Rate Slumps To 13-Month Low Following Weak Q4 UK GDP Data

25 Jan 2013 at 10 AM - Written by John Cameron

The news just keeps getting worse and worse for investors holding the Pound Sterling; this morning’s initial estimate by the UK’s Office of National Statistics suggests that Britain’s lacklustre economy shrank by 0.3% in the final three months of 2012. The data came as a severe disappointment, as analysts had been anticipating a showing...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts

Pound South African Rand Exchange Rate (GBP ZAR) Could Spiral On Inflation Data

24 Jan 2013 at 9 AM - Written by Ben Hughes

With all the furore which surrounded UK Prime Minister David Cameron’s ‘euro referendum’ speech, which he delivered in London early yesterday, and the headline-grabbing British unemployment figures, one release received a lot less coverage than was merited – January’s Bank of England minutes. The memos of the UK Monetary Policy...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Sterling Gains Against Euro As UK Unemployment Drops

23 Jan 2013 at 6 PM - Written by John Cameron

Sterling has stolen the headlines in the global currency markets so far during today’s session, following UK Prime Minister David Cameron’s set-piece ‘eurozone speech’ at the start of today’s European equities session. The UK Prime Minister surprised few observers by committing his Conservative party to holding a so-called ‘in /...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Eu Forecasts